As per the Ministry of Civil Aviation (MoCA), India will have an additional 80 airports within the next four to five years with aerodromes upgraded to fulfil certain requirements for their operations. These requirements include […]
The Himachal Pradesh cabinet approved the incorporation of a joint venture (JV) company, Mandi International Airport Limited, for the implementation of the Mandi International Airport project, on September 28, 2022. The project involves the setting […]
The Nagaland government has acquired 1,013.72 acres of land for implementation of the Chiethu Greenfield Airport project. It will be transferred to the AAI soon. The state government has decided to construct a runway of […]
Soil testing work for implementation of the Sabarimala (Dharmasastha) Greenfield Airport project commenced on September 20, 2022. The project involves development of a greenfield airport at Sabarimala in Kerala, on a public-private partnership (PPP) basis, […]
The Union Government is expected to inaugurate Terminal 2 of the Kempegowda Airport under the Bengaluru International Airport expansion project, Phase II (Kempegowda Airport) on November 10, 2022. The necessary work is being done under […]
The Madhya Pradesh government is planning to set up a greenfield airport at Chhapda in Dewas district. The construction of this airport has received preliminary approval from the state government. Moreover, the land for the […]
Akasa Air is collaborating with RateGain company to enable artificial intelligence (AI) in its operations. RateGain is a global software-as-a-service solutions provider for travel and hospitality. Their product called AirGain will allow the airline to […]
Construction work on Tiruchirapalli Airport’s new terminal building project is likely to be completed by June 2023. This project involves development of a new integrated terminal building at the Tiruchirapalli International Airport in Tamil Nadu, […]
The Ministry of Petroleum and Natural Gas (MoPNG) has announced an auction for the exploration and development of 26 blocks under the offshore Open Acreage Licensing Policy (OALP-IX), itself part of the Hydrocarbon Exploration and […]
Akasa Air reported that it reached around 0.1 million passengers in its first seven weeks of operations, starting from August 7, 2022. It also recorded an improvement in its load factor from 53 per cent […]
The first CNG terminal in the world is planned to be built near Gujarat’s Bhavnagar port, at an estimated investment of Rs 40 billion. It will be executed by a consortium of the Mumbai-based Padmanabhan […]
AG&P Pratham has launched the first liquefied compressed natural gas (LCNG) station near Manthangal village in Ranipet district of Tamil Nadu. The station will act as a local storage point to which gas will be […]
Chennai Petroleum Corporation Limited, a subsidiary of IOCL, has commissioned a new sulphur recovery unit at its Manali refinery at a cost of Rs 5.7 billion. The unit will process high-sulphur crude on a continuous […]
Domestic natural gas prices were hiked by a record 40 per cent on October 1, 2022. Natural gas prices now stand at $8.57 per million British thermal units (mmBtu) on gross calorific value in the […]
India is expediting a plan to set up a strategic gas reserve on the lines of its strategic petroleum reserve (SPR), amidst a global energy crisis triggered by the Russia-Ukraine conflict, which has sent fuel […]
Bharat Petroleum Corporation Limited (BPCL) has signed a preliminary agreement with Brazil’s national oil company, Petrobras for sourcing crude oil from the Latin American nation as part of its plans to diversify sourcing needs. BPCL […]
The National Company Law Tribunal has granted approval for the acquisition of 58.1 per cent stake in Gangavaram Port Limited by Adani Ports and Special Economic Zones. The deal prices Gangavaram Port at around Rs […]
On October 3, 2022, foundation stones were laid for four projects worth more than Rs 2.8 billion at the Deendayal Port Authority (DPA), Kandla, Gujarat. The projects include construction of new dome-shaped godowns inside the […]
In a recent development, the seaport proposed to be constructed at Machilipatnam in the Krishna district of Andhra Pradesh received coastal regulation zone clearance from the Chennai-based National Centre for Sustainable Coastal Management. This has […]
The Competition Commission of India recently approved the acquisition of Essar Group’s assets by ArcelorMittal Nippon Steel India Limited. The assets to be acquired include Essar Bulk Terminal Limited, Essar Bulk Terminal Paradip Limited, Essar […]
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